Quote Originally Posted by Kush View Post
Anyway, I don't really care about the ideological aspects of the bailout. At the end of the time is it worth putting up a possible 700 billion to save the entire broad economy while opening up the possibility to actually make cash in the long term or do we say "screw this" and let everyone fail? I'd go with the former. I'm not sure many of you really understand how much some of these companies are intertwined in the overall economy.
Don't dismiss the ideoligy because it is basicly nationalising these banks that will be under firm governmental control, it's essentially creating a shadow government, 700 billion, good for us europeans, bad for you.